About your Search

20121201
20121231
SHOW
STATION
FBC 35
LANGUAGE
English 35
Search Results 0 to 34 of about 35
agreement at all. we are off of the lows of the days. names like bank of america among the biggest losers. while you see a few trying to give it a go in the green, the truth is, you are seeing broad-based selling. the s&p 500 is down a full percentage point. while there are some select winners, the truth is, you have many affected. connell: thank you very much. you heard a moment ago from the speaker. you did not hear this morning from the mayans. brian wesbury is here and he is his usual optimistic self. you are always relatively optimistic about the economy, but even after last night and what we in washington? >> sure. you know, yes, the fiscal cliff is coming. we have known him for a long time. the dow is still over 13,000. it is not just because the market thinks we have the great deal ever. tax rates will go up. we will have deficits, as far as the eye can see. by the way, we had pretty darn good news on personal income and spending and durable goods today. the economy is hanging in there, as well. connell: i thought it would be interesting to watch the close, because to me, maybe a
, where do you think that that line falls for the whole of america? >> well, look, i think the deal that's going to emerge is probably some kind of income cut-off of about $500,000. and you're not -- you know, some republicans will vote for that. dagen: steve i apologize. let me interrupt you. i will come back to you. let's listen. wait till the sun shines. ♪ [clapping and cheering] dagen: annual christmas eve tradition at the new york stock exchange, a song written at the turn of the last century and they're still singing it downtown at the corner of wall and broad. steve, we both -- i don't know the lyrics and the world should be thankful for that that i can't even possibly sing that song. but steve, to finish your thought about what you were saying about that income threshold. >> that's a great tradition, by the way. look, what i was saying is i think, you know, they will end up somewhere around 500,000, you know, maybe not exactly that number. and it is going to probably take democratic votes to get that through the house because we've already seen when speaker boehner tried to pas
the american people from the tax hike in america. what do they do, they stand in front of the cameras and laugh. they giggled at a bunch of bad jokes and planned they did not do anything. they would not vote for this bill. the majority leader about you would ignore it if it made it out of the house. the president vowed that he would veto it if it made it out of the senate. democrats spent all day yesterday, literally, all day yesterday, defeating a bill that would have made current tax rates current for more than 90% of americans and they laughed about it. ten days to go until the fiscal cliff and they laughed about it. i do not know if anyone has looked at a calendar lately, but we are about out of time here, folks. the u.s. economy is at stake. million upon millions of families are counting on us to do something. it is tte president's job, it is his job, to find a solution that can pass the congress. he is the only one that can do it. this is not john boehner's problem to solve. he has done his part. mr. president, how about rallying your party around a solution. how about getting democrats t
unrecognized and what many of you have told me, everybody is working for america. they understand that if we are able to put forward a long-term agenda, for growth and prosperity, it is broad-based here in the united states, the covenants will not just increase here in the united states, it will increase globally. we can get the cycle i think all of us have been waiting for and want to see. what is holding us back right now, ironically, is a lot of stuff going on in this town. i know that many of you have come down here to try to see if there is a way we can break through the law jim and go ahead and get things done. i am here to tell you that nobody wants to get this done more than me. i know that you have had a lot of briefings. let me describe where the situation is right now with respect to our fiscal situation, both for the opportunities are and where the challenges are. i campaigned over the last year on the idea that we need to make sure that this economy is growing, that we are providing ladders of opportunity. connell: president obama there in washington. we have lost the shop. if w
is ready to bring some manufacturing.com. back to america. we are talking about a lots about apple apple the past few days. talking about cliffs. apples chart looks like one lately. why do you like what bad things happen to, well, anyone? dagen: rhetorical question. ♪ want to try to crack it? yeah, that's the way to do it! now we need a ltle bit more... [ male announcer ] at humana, we understand the value of quality time and personal attention. which is why we are proud to partner with health care professionals who undstand the difference that quality time with our members can make... that's a very nice cake! ohh! [ giggles ] [ male announcer ] humana thanks the physicians, nurses, hospitals, pharmacists and other health professionals ho helped us achieve the highest average star rating among national medicare companies... and become the first and only national medicare advantage company to achieve a 5-star rating for a medicare plan... youefforts result in the quality of care d service we're able to provide... which means better health outcomes... and more quality time to share with
year, but still the big banks, bank of america, goldman sachs forecasting very bullish. gold, copper, platinum, bank of america put out a note expecting those for commodities to out perform all commodities in the new year, so it will be really interesting in 2013, continue to watch how they position themselves. back to you guys. you have oil, good thing sandra is there. ashley: almost a quarter until. now let's go down to nicole at the nyse. news of compuware. nicole: this one is really straight outright a big story. compuware up about 13%. and i will tell you why. elliot management corporation offering to buy the software company. you can see this up $1.22. you can see it at $10.75. the premium for friday, that is why you saw the pop. it was a little higher a short time ago. $11.16, right up to that offer price, as you know, beyond the offer point. we talk about this company, they control it present of compuware. you can see it right now. tracy: greek yogurt sales going getting busted setting up shop, more shop here in america. thashley: up 3.33%. we will be right back. ashley: and
out today at 7.7%. the story underneath this is the most important one. this is america. what we celebrate is the creation of more opportunities. this is not a good thing. this is not how we measure progress. you have over 9 million americans who are under employed. they are in jobs that do not match their skills or education. for these americans, they have to be unemployed americans, you have an entire generation moving to the workforce right now that are not doing the key things they need to do. managing projects, managing budgets, managing people in order to get more income throughout their career. connell: they are educated. they are overeducated. one of the things he talk about all the time is we have to have our education system came and keep up with the world. what are you afraid of? >> my biggest concern, here we are in the holiday season, and there is a personal side on this, every single one of these numbers represent an individual that is trying very hard. the problem here is a long-term thing. if you cannot take that intellectual capital and put it to work for america
of competition. some from japan. many in cars being built in america in nonunion states by nonunion american workers. ever since that time consumers have voted for the competitors products. as long as you have a competitive that isn't all that much you have to do to raise costs for businesses. lori: it all sounds great and makes perfect sense, but you look at the pictures we see right now in the capital, union members serious about losing the right to work status. you wonder that volatility could have a ripple effect ultimately interceding the economy. >> probably not. a majority support this move by 10 to 15-point margin. we just had a ballot initiative in michigan to prevent the legislature from passing this exact kind of law. they defeated it by 15-point margin. the polls and election results show most michigan voters support what is going on. lori: thank you for your time and your analysis on this union issue. one i think we'l will stick arod for a while. melissa: breaking news now. delta stocks spiking on news that elder and virgin atlantic are coming to a deal. a stake currently held b
, names like bank of america leading the way, oil services all doing well, and talking with equity partners and said why does it pop right now if they think the fiscal cliff talks come to fruition. he said people are chasing. some people taking short-term profits, but altman o alternatee are still believers in a santa claus rally and the fact washington will get it right. melissa: nicole, thank you very much. proposals to avert the fiscal cliff coming fast and furious right now. we want to get you up to speed on where every proposal stands. for the first time the president conceding on tax hikes on those over 400,000 instead of 250,000 per year. that would raise in theory $1.3 trillion in revenue. speaker benard plans for tax hikes on those who make over a million dollars along with a trillion in spending cuts. although it looks like we may be getting closer to a deal, speaker john boehner is pressing a backup plan just in case. speak i think it is important to protect as many american taxpayers as we can. our plan b. would protect american taxpayers who make a million dollars or l
have ubs. more litigation heading over these guys. charles: bank of america is up like 100%. i am too afraid of these kind of thanks. i did not like the risk reward. i think there are a lot of on answered questions with what is brewing to meet the surface there. we have morgan stanley as a trade. i do like goldman sachs. i like the comparisons, more than anything else. listening, volume is down. also, we have regulations. at least we know what it is. lower margins because of price transparency. they admit they will lose revenue. all of that stuff is out there. connell: goldman had a settlement of its own on a different story. not love or talk up on on a financial crisis issue. charles: in part because most of the time they were using -- which was a fantastic sign for the stock. will that be a big story next year. charles: you just never know. that is one industry, for whatever reason, they never get a clean bill of health. there is always someone trying to beat the system. you don't think someone will try to figure out a way around basel three. if you configure in around within the ru
at a map of america and you would understand that. there are limits as to how far it will spread. we have a really historic battle among the states. it is a battle over tax rates. for all of this talk about tax increases, you have places like kansas, wisconsin, louisiana, cutting taxes. because business investment is so stingy right now, this battle is really historic. i think we will see more winners in the states. dagen: right to work states over the last decade have grown faster. >> it is and important component. it will be more so, i think, going forward. the combination, state tax rates in federal tax rates, they are really getting onerous. connell: as peter barnes pointed out, how involved, or will he get involved in this at all going forward? >> well, your guess is as good as mine. here is the thing, you know, of all places that you can go in america, discussing the fiscal cliff, and he ends up in michigan. it is not only about this. you have members of the city council saying the president needs to bail us out. they used that language. i think it is veryytelling where he went toda
.s. regulators and about a dozen banks. sources tell the "new york times" that 14 banks include tank of america, wells fargo and jpmorgan chase. we are taking a look at those stocks. back to you. ashley: diane, thank you very much. well, the question is, is the unthinkable about to become reality for back now, it is up to this man. on the right. vice president joe biden called in to help with the debt negotiations that we think are going nowhere. there are always rumors and whispers in the hallway. let's go to rich for the very latest on the progress. rich: there is progress, ashley. they are working on a tentative agreement right now. they can always get choked up on the finer points. this is what they are working with right now. it basically extends all tax cuts for people under $400,000 a year. it permanently patches -- it make sure doctors treating medicare patients do not get a pay cut. a one-year extension of unemployment benefits. on top of all of this, there are some discussions on how to deal with the sequester. they amount to about $8 trillion over the next decade. $94 billion total i
else of america right now. to a point, they are succeeding and we have to fix that. lori: it is a lot to chew on. thank you very much. here is the promo for you. catch lou at seven and 10:00 p.m. eastern. art laffer on the fiscal cliff. melissa: such a horrible reference. lou: so much better than the fiscal cliff, don't you think? >> [talking over each other] lori: absolutely frightening. that is how pennsylvania governor tom corbett characterizes the economy and the state of pennsylvania is the country goes over that fiscal cliff. melissa: will this latest blow ruined the swiss bank's earnings. you can see the yield on the ten year pulling slightly one basis point. we will be right back. ♪ >> im adam shapiro with your fox business brief. kodak selling its digital contents at rpx corporation for $525 million. it is a key step for the company's effort to emerge from bankruptcy. shopping flows from the thanksgiving weekend. the company now expects sales to be up 2.5% from its previous forecast. super storm sandy and discounted merchandise for the lower forecast. mark zuckerberg announ
majority of gun owners in america are responsible, they buy their guns legally and they use them safely. whether for hunting or sport shooting, collection or protection. but i'm also betting the majority, the vast majority of responsible law-abiding gun owners would be some of the first to say we should be able to keep any responsible lawbreaking few from buying a weapon of war. i'm willing to bet they don't think using a gun and using a common sense or incompatible ideas. that and on balance branch not able to get his hands and military style assault rifle so easily. that in this age of technology we should be able to check someone's criminal records before he or she can check out at a gun show. that if we work harder to keep guns out of the hands of dangerous people, there'll be fewer atrocities like the one in newtown for any of the lesser-known tragedies that visit small towns and big cities all across america every day. since friday morning, police officer was gunned down in memphis leaving four children without their mother. two officers were killed outside a grocery store in tope
it is in america. bad guys know for a fact that there is not guns in their. >> to believe -- [talking over each other] stuart: the public issuing of the information. that is what is wrong. >> i think it makes a lot of people uncomfortable. if there is someone out there that will target him, he has the gun to protect himself if a person breaks in. stuart: i do not think that newspapers should be doing that. >> i agree with you. it does not pass the smell test. it makes me uncomfortable to have that information. stuart: elizabeth macdonald, it is all yours. >> the latest on the fiscal cliff crisis. why it is taking down the markets and white finding an answer, it always seems to come down to the last minute. the storm hitting the midwest and it is now hitting the northeast. oh canada, out of work americans are heading north to find jobs. top of the hour. time now for stocks. nicole petallides on the floor of the new york stock exchange. nicole: we are down about 72 points. the vix, the fear index, has an up arrow today. commodities are pulling back a little bit. i want to take a look at a name th
in america will see their paychecks shrink. they will see withholding go up. the payroll tax holiday will end. there probably will not be time enough to make sure that the withholding is according to the new rules as opposed to the old rules. nobody even knows what the rules are right now. there will be a bot of angry people in january trying to pay back the bills for the christmas gift that they got. dagen: what does this say, though, about the inability of the white house and congress to really do anything in terms of tax reform during the new year. given the divisions we have seen just in the election. >> even he has talked about some sort of tax reform. he is not the first president to be really bad with this. george bush had a republican congress and he was quite terrible. it was basically his way or the highway. with obama, he has had an attitude of i would just stand back and let the democratic congress do their will. we have this republican congress now, since the 2010 election, he has not done much to reach out or work with them. dagen: is that kind of attitude, how will that get in
and losers as we head off to break. this is america. we don't let frequent heartburn come between us and what we love. so if you're one of them people who gets heartburn and then treats day afr day... block the acid with prilosec otc and don't get heartburn in the first place! [ male announcer ] e pill eachmorning. 24 hours. zero heartbur lori: he has been deported. guatemala sending software founder john mcafee to the u.s. he fled there illegally dodging authorities in belize who named him, quote, a person of interest in a murder. fox news's phil keating in miami with the latest. >> hi. john mcafee traded guatemalan jail with swanky south beach living in art deco hotel eating much better food. his situation could change, all depend on the situation with the police. mcafee held a news conference on ocean drive surrounded by about 20 tv cameras. after flying coach the millionaire took a cab to miami. as he said eating much better food than he was getting in jail but the cybersecurity inventor slept alone. his 20-year-old girlfriend could not make the flight with him from guatemala city. >> and
person in america who does? dennis: third time for heff? he's getting hitched to a 26-year-old lass. tracy: at least she has her driver's license. at the top of the hour, stocks now. lauren's on the floor of the new york stock exchange. hey, lauren. >> you missed my face after that last story. i was like, ew, and that's how the markets are today; right? look at the dow, down nine points, nays -- nasdaq up six, and s&p hanging on by a point. markets took a turn after the manufacturing number for november, weakest number since july 2009. trying to recover since then. value shares well, up 6% right now. capital management still looking for a deal for this company, perhaps buying all of it or just the albertson unit. according to the "wall street journal" journal, they negotiated over the weekend. supervalue a winner today. back to you. tracy: somebody's got to be. thank you, lauren. see you soon. >> sure. dennis: the tumble off the cliff, a month away, and doesn't look like washington is closer to a debt deal. tracy: rich edson in dc with the latest. doesn't look like we made progress,
the board, apple down $8 and bank of america of the no. one performer on the dow jones industrials up 2%. dennis: thank you. growing pessimism with less than a week until the fiscal cliff deadline. 50% of americans say we would get a deal, 48% saying it is a no go according to a new gallup poll and that is a big change from a poll conducted last week. we are joined by washington bureau chief jerry side. john bbehner and republicans were unable to do it. now the focus and pressure shifts to the senate and the democrats. >> in the senate is democrats and republicans because last year when we were in this fix couldn't get out of the debt ceiling crisis it was harry reid, the democrat leader in the senate and mcconnell, the republican leader who emerged as adults in the room and worked up something that got through congress. we are on the verge of something like that or at least an attempt to replicate that. how much of a role will whitehouse play, might just be as in 2011 the two senate leaders decide they can take care of this themselves. we will see when president obama gets back tomorro
of america over the centuries. the strength of a global finanal leader. the heart of a one-to-one relationship. together for your future. ♪ lori: breaking news just a little while ago. google's e-mail getting hit with outages. shibani joshi nolling the story. what is the latest? >> keep calm. mayan prophecy has been staved off a couple more weeks. gmail is back up and running according to the company's status site. shares of google taking a dip down as this news started to unfold. back up in the green, up a dollar and 10 cents right now. basically about two hours ago here is's what happened. i started to see people unravel, come unhinged, totally freak out on facebook and twitter and other web sites as we were getting reports gmail was down for select users. google play and and other web sites were down. i got a statement an hour ago. here is what the company told me. we're experiencing issue with google services. for he everyone affected we apologize for any convenience you made may be experiencing. we'll post updates to the dashboard. the dashboard gone from ready to gr
-packard doing well and bank of america in the financial round. it really is being laid upon by the retailers. i no adam shapiro will add on to that. there is a look at some movers. michael cores down over 6%. tracy: i was in the balls this weekend. lori: crowded theater not like i thought it would be. adam shapiro in the newsroom with the details. i thought it was way busier last year than it was this weekend. >> no. here are some numbers. for the period of october to eight and december 24, sales grew. in 2011, sales for that period of time grew 2%. they are using that as an indicator that things will not be as good as we thought going into the holiday shopping season. on monday, shopper track indicated and revise their outlook for the holiday spending growth from 3.3% down to 2.5%. the only holdout is the national retail federation. it is saying that they still expect growth this holiday season to be 4.1% over the last year. they are sticking to those numbers. one of the reasons spending polls believe we saw a drop-off and had to revise the predictions for the year, superstorm sandy. they do n
the fines wealth in america, cost of living, property values, you can't have one single threshold the works across the board because -- lori: bringing it back to taxes. melissa: i love it. lori: and $8 billion deal, what does it mean for the future of trading? charlie gasparino will be along with exclusive details. melissa: look at how the dollar is fairing, the market up slightly and with that, currencies are weaker across the board. we will be right back. melissa: we want to take you to capitol hill, john boehner. >> the president called on the house again and again to pass a bill to protect 98% of the american people from a tax hike. today we will do better than that. our bill will protect 99.81% of the american people from an increase in taxes. it is permanent tax relief for individuals. a permanent hatch on the alternative minimum tax, the marriage penalty, death tax relief and permanent extension of higher child tax credit and capital gains and dividends rates we see today. all in all the nonpartisan joint committee on taxation says the bill represents a $3.9 trillion tax decrease. af
. they have not been dramatic moves, but last week was pretty slots. jpmorgan and bank of america are some names on the dow that are holding on pretty nicely. the tech heavy nasdaq down one half of 1%. adam: a lot of people watching that jobs number. thank you very much. dennis: according to today's jobs report, the unemployment rate is down to 7.7%. the lowest level it has been to since 2007. 23 billion people are out of work or underemployed. is this a real recovery? michelle girard joins us now. thank you for joining us. >> when you see people get excited about this number or the fact it is higher than expectations, it reminds you we have gotten used to this new normal where we are not producing the number of jobs that it would take to get back to employment numbers where we were before the recession. i agree. we have gotten so that we share 7.7% unemployment rate. historically, that would have been something we saw really just during recessions. i do think that the economy can do better. i think we know that companies, i do still believe, our sideline, they are hesitant based on the un
obama will be looking much more at the big picture in america. connell: i kind of debated in my own head whether to bring that up in the interview. it is funny that you brought it up right away. a lot of us have been so consumed by this or affected by this terrible tragedy in connecticut. we were already tired of these physical -- fiscal cliff talks. >> what we are tired of is anger. whether it is violence which hollywood should be shameful about, as well as, violence that allows people to purchase firearms. the whole thing is bubbling up. connell: what i meant was, they were not necessarily solving these long-term debt problems. my point was, why not just get it out of the way and move forward. we will see what congressman ringel thinks in a few minutes. not everything will be solved anyway, so let's move on. >> the sense that we are tired of the instability and the food fights. getting this fiscal cliff solution for the american people and forgetting about people shouting at each other as part of the culture that i think this moment of tragedy in connecticut may get us focused on. conn
means it is not taxable currently. it is just like the building america bonds that are now issued by states which are taxable at the federal level. the state can issue the death. the consequences fall on innocent people. dagen: what you think, though, is the ultimate consequence of now taxing people at 53% in california? >> well, i will tell you, the big issue for people like me and paying higher taxes in california is not so much paying higher taxes, it is where the money is going. all of this will go to off balance debt. you also have a number of accounting mechanisms that have been used to shield from the citizens. that is where the money is going. that is more annoying than just paying higher taxes. paying higher taxes when you know the benefits are going to your fellow citizens is not a problem for someone like me. having the money to just pay off past debts while not reforming the system that gave rise to those past debts is deeply annoying. i think it is a serious problem for california. some people will leave, of course. people like me love it out here. we would rather sta
, still drifting at this point. >>> america's fastest growing port, you think it is los angeles, maybe new york, think again. savannah, georgia tops the list thanks to exports of chicken feed, a delicacy in asia. the head of the port is up ahead. tracy: maybe he will tell us how to eat those. ashley: no. tracy: outrage over spending bill for superstorm sandy is filled with pet projects in washington, d.c. while people are still devastated by the storm. liz claman on the story. ashley: from chicken to pork. time for stocks now. as we do every 15 minutes we head to the floor of the new york stock exchange, and nicole petallides. the market is literally at a stand till over this fiscal cliff. >> i knew you knew where we were going every 15 minutes, ashley. we have to check in on the markets. you're seeing the dow who haver around the unchanged line, down three points now. tech-heavy nasdaq the worst of the bunch down one half of 1%. app, i'm also watching whether or not the dow will have winning week. we had three straight weeks in a row of gains. if we close right here right now we're all ri
of america and citigroup switching to the upside, december traditionally is an up month, the best performing month for the s&p 500 when they trekked to the 1950s and we are watching every headline from washington. rich edson will delve into a more. the hope of solving the fiscal cliff helps this market so every time we get closer to what we see an up arrow and when we see how far apart they are we get down arrow that is certainly the worry on wall street, right now you see the dow, the nasdaq and the s&p posting up arrows and the nasdaq and s&p over 1%. cheryl: we will get details from our commentators coming up. breaking news, details are coming in fast and furious in the last hour of markets now, the white house moment the rejecting john boehner's this booklet offer, the plan b. dennis: president obama will continue to work with republicans on finding a deal. rich edson is live with up-to-the-minute details. rich: aides say president obama and john boehner were getting close, the latest white house offer has slowed the progress. john boehner w negotiations with the president in case they f
on "money" we have chuck woolery of generation for america. he joins us to talk about how the aarp is lobbying for things that affect their bottom line that are not necessarily in the best interests of seniors. lori: dating game? melissa: was that it? i think so. no. i don't know. he is adorable. now he is out there lobbying for seniors to let them know --. lori: our crew is so young. they have no idea either. coming up bailout for detroit. why one local politicians says the white house owes it to them. tracy byrnes, ashley webster next on fox business. keep it here [ male announcer ] this is joe woods' first day of work. and his new boss told him twongs -- cook what you love, and save your money. joe doesn't know it yet, ut he'll wk his way up from busser to waiter to chef before opening a restaurant specializing in fish and me from the great northwest. he'll start investing early, he'll find some good people to help guide him, nd he'll set money aside from his first day of work to his last, which isn't rocket science. it's just common sense. from td ameritrade. every human being
angling for a greater share the mobile market but will they pay pc prices? melissa: america's opinion of the least trustworthy profession. that is just ahead. >> i'm robert gray with your fox business brief. stocks moving lower as investors remain focused on washington and the fiscal cliff negotiation. right now the dow is near the lows of the session, off by 52 points. >>> fifth and pacific named former kenneth cole cole chief executive paul blum to lead the juicy couture brand. he takes over as ceo effective immediately. the company in october lowered the full-year forecast and blamed the short fall on sagging sales at juicy. selling its computers is services to equifax for a billion dollars in cash. csc faced several challenges over the past year including a dispute over its contract to provide electronic patient records for britain's national health service. that is the latest from the fox business network, giving you the power to prosper lori: in congress we trust? not so much. new "gallup poll" shows half of americans, 54% have a low or very low opinion of congressional honesty
. they want to raise the marginal tax rates for the upper earners of america. they are willing to allow a deal to lapse rather than have the tax rate rise. connell: maybe there is not a deal taking shape. they could say something like, we will raise these rates, but instead of $250,000, it has to be $500,000 or $1 million. there are ways to play a round with this. >> i think the republicans would lose, frankly, being the majority in the house. if they go ahead and give the president and democrats what they want, speaker banners speakership could be in trouble. dagen: democrats, for the most part, on the social security issue said, no, that is not happening. >> it seems to be the holy grail for the democrats. i do not think they are willing to do it. dagen: you have to get over 500 or something like that. >> i think they are more willing to make a deal on medicare than they would on obamacare. connell: force social security, like you said. dagen: and the president's plan, they want more stimulus spenddng. long-term unemployment benefits. >> these do not work. what i think we have seen over the
happens is we'll be less competitive. the 20% will grow. we'll have less factories built here in america. it's very important that washington starts working out deals right away so that the fiscal cliff can be history, and we can focus on building factories, higher people, growing. dagen: well, they are not listening to you, drew. i hate to break it to you. in the interim, your company makes wire baskets and does sheet metal fabrication. based on what you see, how much of your own customers pulled back? have you seen layoffs? have you seen spending cuts ahead of the lack of a deal? >> we are seeing many clients pause. we're seeing many clients, particularly in the military, stop ordering. our military sales have plummeted because everybody's concerned about sequestering, and what that's doing is causing a negative ripple effect throughout the economy. you know, the prior guest, senator dorgan, mentioned in the future there could be problems. the problems are already happening. people are adjusting. people are making budgets now for next year, and what they are doing is deflating home peo
in a way of what is best for the nation. >> the federal government is america's biggest landlord, selling 20% of its empty or underperforming buildings would save $2 billion. >> goes through your garage, clear it out and the government is no difference. the scale is a matter of scale. >> the refuse to sell valuable public land adjacent to fast-growing cities and let mining companies take billions in gold and silver for free. without charging royalties like we do for oil and natural gas. selling amtrak could net $60 billion. two taxpayer and utilities, tennessee valley authority and our would bring in more. the commission could oversee the sale to overcome partisan opposition. >> the commission could look at all the federal assets, the side which were the most valuable with the least cost to common good. >> when william was reporting on the federal government gives resources away there was a collective w t f throughout the nation. right now as we try to figure out what is happening with the fiscal cliff congressional leaders head to the white house for a last-ditch effort to avoid these pr
europe and america. this company has exposure to the global economy. what triggered it today was this china pmi number. i know gordon chang has been on. dagen: yes. we were there. charles: a lot of people do not believe the china story. this number to me tells really nice with other things. dagen: most people already own it in their 401(k). charles: you are absolutely right. the stock is down pretty big from where it was. this last quarter was a disaster. north america construction was up. almost everything should go up next year. i love the risk reward on this. connell: this will be a huge story whether china is about two, you know, come back or collapse. charles: a minimum of 8.5% next year. we would take it in a heartbeat. dagen: deceleration is dangerous even if you are still going at 8%. connell: thank you, charles. appreciate it. dagen: we are. on saturday morning. connell: umbrella. no changes to the tax structure. dagen: more on the impact of the fiscal cliff. women are worried about it. there will not be spending that much on it on you. they will probably be spending
businesses at a time where we are expecting small businesses to be the engine of job creation in america. ernst and young has made it clear that jobs would be at risk. it is as simple as that. [inaudible question] >> well, we really should not be. i have argued going back to spring. this issue had to be dealt with. in may, the house removed a bill to replace this a question or with other cuts and mandatory spending. the president still is not serious about dealing with this issue right here. when i talk about pulling, most americans would agree that spending is a much bigger problem than raising taxes. they want us to do with this in a responsible way. [inaudible question] >> unfortunately, that is the case we are dealing with today. [inaudible question] >> i do not understand what the question is. everyone's income taxes are going to go off on january 1. i have made it clear that i think that is unacceptable. until we get this issue resolved, that risk remains. >> can you describe how difficult it is to craft a deal, while not jeopardizing your job as speaker that i am not concerned abo
have missed out on amazing opportunities. february march 2009, america sold $50 billion worth. lori: what do you think most influences people's perception of the market. first of all, the crash hurts a lot of people about. i think, also, the social security debate, the idea that we would put money into social security into the stock market, that brought a conversation for a lot of people who never thought about the market. they still have this bitter taste in their mouth. chasing performance is something that is out of this world. right now, of course, a lot of people are saying we have a bond bubble. pension funds use up 60% in equities. it is absolutely amazing what is happening here. the equity participation overall has dropped dramatically. ten years ago, it was 51%. it has dropped absolutely dramatically. a lot of people feel like, you know, we just do not have our act together. [talking over each other] melissa: it is just one man. imagine this, you are at your retirement party. you just turned 65. we are going to take that around the world cruise now. no. we don't have any mo
Search Results 0 to 34 of about 35